Have one version in staged rollout and one version in review

Is it possible to have one version in staged rollout and submit a new version for review?

We are looking to reduce the release schedule and if we can submit the next release for review while the previous one is still in rollout, this would significantly help reduce the schedule. The answers I can find on the forum are specific to releases in the same stage (multiple releases in the "ready to release" state is the top question).